I made an exception for emergency fund money. 6 months expenses is a larger

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May 6, 2021
8:58:02am

fbguru All-American

I made an exception for emergency fund money. 6 months expenses is a larger

emergency fund than I would keep in a savings account.

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fbguru

Bio page: fbguru
Joined: Jul 12, 2008
Last login: Jun 16, 2024
Total posts: 15,511 (78 FO)

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Messages

Author

Time

Have six months of expenses sitting in savings accounts making next to nothing..

CoogsCoogs85

5/6/21 8:08am

Dump all of it into Safemoon. Your wife will understand.

5/6/21 8:09am

RE: Have six months of expenses sitting in savings accounts making next to

Sparkling Delirium

5/6/21 8:15am

Don’t invest something that you are not willing to lose.

JohnnyC

5/6/21 8:15am

This is very risk adverse advise. I don't agree, unless you're only talking

fbguru

5/6/21 8:26am

Technically if your emergency fund is in an account that could lose value with

kotacoug

5/6/21 8:45am

I made an exception for emergency fund money. 6 months expenses is a larger

fbguru

5/6/21 8:58am

Why? That’s really what an emergency fund should be for. More than a slush

kotacoug

5/6/21 9:01am

And that money can be in an index fund, not a savings account.

fbguru

5/6/21 10:26am

All in on Willie Coin!

EQD2

5/6/21 8:27am

Emergency funds aren’t for making you money. They’re for hedging against the unforeseen and preventing it from

Pimpin4Paradise

5/6/21 8:28am

I can't think of many emergencies that you would need access to that money

Sparkling Delirium

5/6/21 10:43am

Agree with your 1st post. Not this one. Too many assumptions. Age & experience?

grandpacoug

5/6/21 10:48am

38. Small business owner.

Sparkling Delirium

5/6/21 11:12am

Inflation sky rockets, economy tanks, markets

kotacoug

5/6/21 11:11am

RE: Inflation sky rockets, economy tanks, markets

Sparkling Delirium

5/6/21 11:15am

Under your bed earns almost the same thing, zero- & Is always available. No risk

grandpacoug

5/6/21 8:36am

Boardname checks out

Pimpin4Paradise

5/6/21 8:46am

Several months ago, I put some of my emergency fund into VTIP

Doctor Rosenrosen

5/6/21 8:44am

How does that differ from other index funds?

kotacoug

5/6/21 8:48am

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